This dam is a likely explanation for the lower water level of the Upper Montana River during the storyline of Red Dead Redemption 2. By the time of the first game's story, the water level is much higher than as seen in the second game. It is possible the dam was either damaged, opened up, or left to disrepair.
Due to the presence of the Owanjila Dam on the river's northern end, the river and its immediate surrounding is vastly different between 1899 and 1911. The river was quieter, flatter and shallow compared to its later form where strong rapids flow in the river and is noticeably deeper. Another difference is that in 1899, the river can be crossed through and the geography of the area was friendlier than in 1911, where most of its northern face are surrounded by high cliffs and steep ridges.